Production grew by 5.9% y/y in February

(ANSA) - BELGRADE, APRIL 5 - The volume of the industrial
production in Hungary accelerated to 5.9% year-on-year in
February from the 5% registered in January, according to working
day-adjusted figures, Erste Group Research said in a statement
today, based on data from the Hungarian national statistical
Office.

Most segments of the manufacturing sector contributed to
growth, with the output growing the most in car manufacturing,
with the production of computers, electronic and optical goods
also accelerating, the statement reads.

"Given the higher than expected January and February
industrial output figures, the sector seems to have been fairly
resilient to unfavourable growth prospects of the Eurozone and
so far has not shown any sign of slowdown," Erste said.

According to the new forecasts of Erste analysts, the
industrial output in Hungary will grow in the range of 4.5-5%
annually this year.
(ANSA).